Shares of mid-tier IT services company Coforge rallied 6% to their day’s high of Rs 1,867 on Monday, October 27, after the company reported an 86% year-on-year growth in its net profit for the September-ended quarter at Rs 376 crore compared to Rs 202 crore in the year-ago period. The profit after tax (PAT) was…
Shares of Infosys are expected to be in focus on Friday, October 17, after the IT major posted a 13% year-on-year (YoY) increase in its consolidated net profit for the second quarter of FY26. The company reported a net profit of Rs 7,364 crore for the quarter, while revenue from operations rose 9% YoY to…
The NSE’s benchmark Nifty 50 index will see a major reshuffle on Friday, 29 September, with the new composition effective from Monday, 30 September. Budget airline InterGlobe Aviation (IndiGo) and hospital chain Max Healthcare Institute are poised to enter the index, replacing Hero MotoCorp and IndusInd Bank. According to Nuvama Alternative & Quantitative Research, the…
Indian IT companies are expected to face only limited disruption following the US announcement of a $100,000 one time fee on new H-1B visa applications, according to market expert Anil Singhvi, managing editor of Zee Business. Singhvi suggested that the move is more “signal than shock” for the sector, with only mild implications for business sentiment…
PG Electropast Shares Today: PG Electroplast Ltd shares slumped another 18 per cent in Monday’s session, deepening the selloff triggered by a disappointing June quarter performance and a sharp downgrade to its FY26 outlook. The stock had already plunged 23 per cent on Friday — its biggest single-day fall on record — and is now down…